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ST. LOUIS (KMOX) – The city treasurer’s office is planning to replace 7,000 parking meters with a new type that would take payment from credit cards, coins or smart phones.

Tishaura Jones says her office will pay the winning bidder, Xerox and Parkmobile, $5 million to bring in the new meters across town.

“If they still want to carry around a pocketful of quarters, you’ll have the opportunity to still pay with coins,” she says. “If you want to use your credit card at the machine, you can do that. If you want to download an app to your smartphone, you can do that as well.”

Jones says it could increase revenue by 30 percent.

She says the first batch of the new meters will start appearing on city streets this fall.